DALIAN: The mung bean market has not improved, and merchants in the sales area are not motivated to replenish before the holiday. Most grain merchants in the production area have limited orders. At the same time, the processing quality of each grain merchant is different, and there is a price difference in the quotation. Burmese mung beans are not going fast. Some merchants are worried about the risks in the later stage. They are more cautious in purchasing and need to replenish. Terminal demand has not improved, market trading hours are limited before the Spring Festival, and prices cannot rise. Considering that farmers in production areas are not very motivated to sell grain, it is expected that prices will remain stable to moderately weak in the short term. Burmese mung beans are arriving one after another, and we will pay attention to the actual purchase and sales situation in the later period.
Current Market Price in China for Mung Beans
Product Name | Chinese Mung Beans |
Size | 3.8 mm up |
Moisture | 16 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt /20 GP |
Fob Dalian | Usd 1730-1780/mt |
Delivery | 20 days after the contract |